Posts tagged ‘ZAwBN2Q8L14’

The Academy and Other People’s Money (OPM)

[N]ow is probably a good time to reprint – and expand – the list of empirical studies that have, in one way or another, found that schools in large part capture aid money rather than becoming more affordable. The list probably isn’t exhaustive, and there are many limitations that make it impossible to prove that aid fuels inflation, but combined with the logic that you’ll willingly pay more if you have someone else’s money, these studies show that there is very good reason to conclude that aid is counterproductive:

Yes, Aid Fuels Tuition Inflation

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Grad School and PhD Programs

My students, especially soon-to-be master’s-degree recipients, frequently ask about whether Ph.D. programs are a good career path. Given the difficulties of this job market, even for students in a professional program who have experience in the field, the prospect of a Ph.D. can seem like a permanent safe harbor. Appearances deceive, though, as a tight academic job market and a deepening reliance on adjuncts make even employment after the Ph.D. a difficult proposition. It’s no surprise, then, that there’s been an increasingly strident pushback to the idea that Ph.D.s are necessary. Numerous examples exist in the humanities, sciences and social sciences.

Rather than restate themes that have already been covered better by others, I offer recommendations for how faculty mentors should answer these sorts of questions from students. We are always going to be asked about whether students should follow our career paths, and the days of faculty blindly endorsing Ph.D. programs as if they were a universal solution for all students are over. Doing our job as advisers well requires that we take a pragmatic approach that gives students a clear understanding of the challenges currently confronted by academe. This will require many who advise Ph.D. students to take a more hands-on role in preparing their students for the challenges of an increasingly difficult job market. This pragmatic approach has three elements: honesty, professionalization, and options.

Pragmatic Advising

It’s awfully hard for something or someone to help you get where you want to go when you don’t know where that is. When you’re searching for a job, there is nothing more important than knowing exactly what you want. Going to grad school is a very expensive way to ask for directions. There is nothing wrong with being lost for awhile.

Why You Shouldn’t Go To Grad School

89. Virtually no one reads what you write.

You are not paid for your academic writing (see Reason 88) because no one is willing to pay to read it. In fact, virtually no one is willing to read it at all. After several years of work on a dissertation, you can have some confidence that your adviser will read the finished product, and somewhat less confidence that the other members of your dissertation committee will read it. Beyond that handful of people, it is unlikely that anyone will ever read your dissertation again. As university libraries are increasingly archiving dissertations digitally, you may not even have the satisfaction of seeing your name on a volume in the library. On rare occasions, someone may come along and cherry-pick something from your research that relates to his own, but chances are that no one will ever sit down and read the paragraphs over which you agonized for so long (see Reason 28).

The same fate awaits the vast majority of published academic writing. Typically, it takes months of research, writing, and revision to produce a journal article that will be seen by fewer people in its author’s lifetime than will visit this blog in an hour. Academic presses print as few as 300 copies of the books that their authors have labored over for years. Most journal articles and academic monographs are written because academics need to be published to keep their jobs, not because there is a demand or need for their work (see Reasons 33 and 34). To the extent that academic writing is consulted at all, it tends to be “read” solely for the purpose of furthering someone else’s writing. In many cases, editors and peer-reviewers probably read manuscripts more carefully before they are published than anyone will ever read them after they are published.

100 Reasons NOT to Go to Graduate School

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The Higher Ed Bubble is Leaking

A growing number of liberal-arts colleges are supplementing their traditional glossy brochures touting ivy-covered libraries and great-books seminars with more pecuniary pitches: Buy seven semesters, get one free. Apply today, get $2,500 cash back. Free classes after four years.

The schools are adjusting their marketing to attract students at a time when families are struggling to foot the bill for college—and increasingly concerned about the potential payoff. Some of the most aggressive offers come from the most financially vulnerable schools: midtier, private institutions that are heavily dependent on tuition and sit in regions with shrinking pools of college-bound high-school seniors.
. . .
The pressure on liberal-arts schools is coming from several directions. Nationwide, the number of graduating high-school seniors this year is expected to decline to 3.32 million from a projected all-time high of 3.41 million during the 2010-11 school year, according to the Western Interstate Commission for Higher Education. And fewer college-bound seniors are choosing private four-year schools: Between 2006 and 2011, the percentage of students at those schools dropped to 20% from 22%, according to the College Board Advocacy and Policy Center.

For students headed to college, tuition is a bigger issue than ever. The average cost of public and private schools jumped 92% between 2001 and 2011, compared with a 27% rise in the consumer-price index. Last year the average amount that students at public colleges paid in tuition, after state and institutional grants and scholarships, climbed 8.3%, the biggest jump on record, according to the State Higher Education Executive Officers Association.

Colleges’ Latest Offer: Deals: Liberal-Arts Schools Dangle Bargains in Response to Concern Over Cost, Value

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